WASHINGTON, DC – U.S. corn and wheat export sales improved during the week ending October 1, while soybean sales slowed and cotton and livestock demand remained mixed, according to USDA.
Corn net sales reached 30.3 million bushels, up 44% from the previous week. Mexico led purchases, followed by Colombia and Japan. Corn exports totaled 62.9 million bushels, down 11% from the prior week.
Soybean net sales fell 47% to 20.2 million bushels. China accounted for most reported buying at 14.1 million bushels, while soybean exports climbed 40% to 50.7 million bushels, with China the leading destination.
Wheat sales rose 56% to 16.6 million bushels, led by the Philippines and South Korea. Upland cotton sales totaled 165,100 bales, down 19%, while exports increased 8%.
Beef sales fell 11% to 13,000 metric tons, while pork sales dropped 24% to 26,900. Soybean meal exports finished the previous marketing year 14% above a year earlier.
Farm-Level Takeaway: Stronger corn and wheat sales helped offset weaker soybean, cotton and livestock bookings during the week.